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News Corp.'s Chernin Prepares Exit

News Corp. made it official late Monday. Chairman and CEO Rupert Murdoch confirmed the departure of Peter Chernin from his roles of president and COO, plus CEO of the Fox Group, when his contract expires on June 30. ...
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Chernin On FIM: 'Yes, We Will Fall Short' On $1B Revenue; 'Too Soon To Milk For Margins'

Media / Media Industry News : (7 years ago)

First chairman and CEO Rupert Murdoch got defensive about Dow Jones (NYSE: NWS), then News Corp COO Peter Chernin hit the stories about Fox Interactive Media not making its $1 billion goal head on in today's earnings call: "Yes, w... Read Post

Memo From Murdoch: It's An 'Ideal Opportunity To Streamline And Enhance Functions'

Media / Media Industry News : (6 years ago)

News Corp (NYSE: NWS). CEO Rupert Murdoch's memo annoucing Peter Chernin's departure: Dear Colleagues: Today, we are announcing that Peter Chernin, our President and COO, will not be renewing his employment contract. Peter will be t... Read Post

It's Official: Chernin's Tenure As News Corp. COO Will Expire When His Contract Does On June 30

Media / Media Industry News : (6 years ago)

After hours of tom-tom beating, it's official—News Corp (NYSE: NWS). President and COO Peter Chernin will leave on June 30, when his current contract expires. As expected, Chairman and CEO Rupert Murdoch did not announce a successor... Read Post

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